interest/sorry for butting in

Posted by catb (4.14.167.102) on August 13, 2004 at 14:52:35:

In Reply to: JKelly, this one is for you... posted by krystynaMont on August 13, 2004 at 13:35:28:

most of the time the interest is far above that. all you do is throw money away. MRS wants me to pay 50$ a month..now my guess is 48$ of that is interest..so i will pay 2$ on $1800..for how long? 40 yrs? payments without stopping interest...wont work. unless they are big big ones..which i cant afford. catch-22. the interest is accumilating..70 wont help. make sure what part of that goes to interest. sorry for butting in on JK post...my bad.

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